Windfall tax blamed for collapse of United-Quattro North Sea licence deal
United Oil & Gas (LON: UOG) has terminated an asset purchase agreement with Quattro Energy for the conditional sale of a North Sea licence.
United Oil & Gas (LON: UOG) has terminated an asset purchase agreement with Quattro Energy for the conditional sale of a North Sea licence.
United Oil & Gas has announced that it has agreed to a long stop date extension with Quattro Energy for the sale of its P2519 licence, containing the Maria discovery.
The sale of a UK North Sea oil and gas discovery has been delayed for the second time since its announcement in January.
United Oil and Gas (LON: UOG) has entered into a binding asset purchase agreement with Quattro Energy for the conditional sale of the UK Central North Sea Licence containing the Maria discovery.
United Oil and Gas announced it had signed a binding purchase agreement with Quattro Energy for Licence P2519, nearly a year after it called off a similar deal due to financing delays.
A multimillion-dollar deal has been struck to end a dispute over a North Sea oil and gas discovery.
United Oil & Gas has cancelled its planned sale of a brace of central North Sea assets, after buyer Quattro Energy failed to meet extended deadlines for fundraising.
United Oil and Gas and Quattro Energy have once again pushed the completion date for a £3.2million North Sea deal.
United Oil and Gas and newcomer Quattro Energy have entered a binding sale and purchase agreement for two licences in the Central North Sea.
North Sea stalwart Neill Carson is celebrating a maiden acquisition at Quattro Energy – the fourth oil and gas vehicle he has co-founded.